According to Bloomberg report, Maersk Tankers, the oil and gas shipping unit of A.P. Moeller-Maersk A/S, has secured employment for about 13%of its fleet’s earning days next year, compared with 24 percent for the remainder of 2011. (Bloomberg)
The Coast Guard has issued monetary penalties to three vessel operators in violation of federal regulations related to tank vessel response plan requirements.
The vessels Pacific Galaxy,
On November 29, 2013, TORM announced an agreement in principle to sell four MR product tankers to entities controlled by Oaktree Capital Management. All necessary approvals have now been obtained,
KVH Industries, Inc. was chosen by BW, a worldwide maritime energy transportation company, as the satellite communications solution for its Liquefied Natural Gas